As you probably know, I have accounts with 3 brokers: EasyMarkets, FXPro and XM. These 3 have the best conditions for my trading style and I can advise you switching to one of these brokers if you are not confident about your current broker.
Below you can find a comparison table of popular FX brokers. I have collected actual data from the official sites, added ForexPeaceArmy ratings, and other numbers that may help you to make the right choice. In this article I explain which criteria are most useful to compare brokers.
In this article I have explained important criteria to choose a trading company. Questions left? Email me at tony@pipbear.com
Select columns| Broker | Minimum to Open Live | Cent account | ECN account | Typical spread | Avg Rebate per lot | Quote accuracy | Execution type | Max leverage | Trading Platform | Est Since | Regulation | Pamm accounts | VPS service | Assets | Mobile Trading | EAs/Robots | Minimum trade size | Islamic account | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
My Choice  | $25 |  | | 1.8 | $7 | 5 | IE/ME | 1:400 | easyMarkets Platform, easyMarkets Trading App, MetaTrader4 | 2001 | CySEC, MiFID, ASIC |  | | FOREX, CFDS, Vanilla Options, Bitcoin, Ripple, Ethereum | | | 0.01 | | Open account |
My Choice  | $100 | | | 1.7 | $4.39 | 5 | IE/ME | 1:500 | MT4, MT5, cTrader, Web | 2006 | SCB, CySEC | | | FOREX, Cryptocurrencies, Metals, Energies, Indices, Shares, Commodities | | | 0.01 | | Open account |
My Choice  | $5 | | | 1.7 | $8.00 | 5 | ME | 1:888 | MT4, MT5, Web | 2009 | CySEC, ASIC, IFSC | | | FOREX, CFDs, Commodities CFDs, Equity Indices CFDs, Precious Metals CFDs and Energies CFDs | | | 0.01 | | Open account |
 | $50 | | | 2 | $0.00 | 4 | ME | 1:400 | eToro webTrader, etoro Openbook, eToro Mobile Trader | 2007 | NFA, CySEC, ASIC, CFTC, MiFID, FCA | | | FOREX, Bitcoin | | | 0.1 | | Open account |
 | $1 | | | 1.1 | $1.60 | 5 | IE/ME | 1:2000 | MT4, MT5 | 2008 | CySEC, FCA | | | FOREX, Cryptocurrencies, Metals, Energies, Indices | | | 0.01 | | Open account |
 | $50 | | | 0.7 | $7 | 5 | IE/ME | 1:400 | MT4, NinjaTrader, FXCM Trading Station | ASIC, AFSL, FSCA, FCA | | | FOREX, Stock basket, Indices and Commodities | | | 0.01 | | Open account | |
 | $1 | | | 3 | $17.00 | 4 | IE | 1:1000 | MT4 | 2007 | BVI FSC | | | FOREX, Cryptocurrencies, Metals, Energies, Shares, Commodities | | | 0.01 | | Open account |
 | $10 | | | 1.8 | $10.40 | 5 | IE | 1:500 | MT4 | 2011 | - | | | FOREX, Metals, Shares | | | 0.0001 | | Open account |
 | $100 | | | 1.6 | $12.00 | 5 | IE/ME | 1:1000 | MT4, xStation | 2007 | FC | | | FOREX, Cryptocurrencies, Metals, Shares, Indices, Commodities, Bonds | | | 0.01 | | Open account |
 | $1 | | | 1.1 | $8.00 | 5 | ME | 1:3000 | MT4 | 2009 | IFSC | | | FOREX, Metals, Oil, DAX | | | 0.01 | | Open account |
 | $1 | | | 2 | $7.80 | 5 | IE/ME | 1:1000 | MT4 | 2007 | BVI FSC | | | FOREX, Metals, Shares | | | 0.01 | | Open account |
 | $50 | | | 2 | $12.00 | 5 | ME | 1:500 | MT4, MT5 | 2005 | - | | | FOREX, Cryptocurrencies, Metals, Oil, Shares | | | 0.01 | | Open account |
 | $25 | | | 1.6 | $12.00 | 5 | ME | 1:1000 | MT4, MT5 | 2006 | - | | | FOREX, Metals, Commodities, Indices | | | 0.01 | | Open account |
 | $1 | | | 2 | $10.40 | 5 | IE/ME | 1:500 | MT4 | 2015 | CySEC | | | FOREX, Metals, Shares, Cryptocurrencies | | | 0.01 | | Open account |
 | $1 | | | 1.7 | $1.92 | 5 | ME | 1:2000 | MT4 | 2004 | - | | | Forex, Cryptocurrencies, Metals, Energies, Shares, Indices | | | 0.01 | | Open account |
 | $10 | | | 2 | $4.80 | 5 | IE/ME | 1:1000 | MT4 | 2008 | VFSC | | | FOREX, Metals, Indices, Cryptocurrencies | | | 0.01 | | Open account |
 | $10 | | | 1.4 | $5.20 | 5 | ME | 1:1000 | MT4, MT5, Web, cTrader | 2009 | IFSC, CySEC | | | FOREX, Crypto, Metals | | | 0.01 | | Open account |
 | $100 | | | 0.6 | $8.00 | 5 | ME | 1:300 | MT4 | 2010 | VFSC, CySEC, FCA | | | FOREX, Metals, Oil, Indicies | | | 0.01 | | Open account |
 | $100 | | | 1.8 | $8.00 | 5 | ME | 1:400 | MT4, Blackwell Trader Pro | 2010 | FCA | | | FOREX, Metals, Oil, Indices | | | 0.01 | | Open account |
 | $5 | | | 2 | $4.00 | 5 | IE/ME | 1:1000 | MT4, Web | 2010 | - | | | FOREX, Cryptocurrencies, Metals, Oil, Shares, Indices | | | 0.01 | | Open account |
 | $1 | | | 1.9 | $2.39 | 5 | ME | 1:500 | MT4, MT5 | 2010 | MFSA | | | FOREX, Cryptocurrencies, Metals, Energies, Indices | | | 0.01 | | Open account |
 | $1,000 | | | 1.6 | $4.00 | 5 | ME | 1:500 | MT4, Web | 2011 | VFSC, CySEC | | | FOREX, Cryptocurrencies, Metals, Energies, Indices, Shares | | | 0.01 | | Open account |
 | $1 | | | 1 | $8.00 | 5 | ME | 1:3000 | MT4 | 2012 | - | | | FOREX, Metals, Indices, Oil, Shares, Cryptocurrencies | | | 0.01 | | Open account |
 | $100 | | | 1.8 | $8.00 | 5 | ME | 1:500 | MT4 | 2014 | FSA, FCA | | | FOREX, Cryptocurrencies, Metals | | | 0.01 | | Open account |
 | $1 | | | 1.6 | $8.00 | 5 | ME | 1:500 | MT4 | 2013 | FCA | | | FOREX, Metals, Oil, Indices, Cryptocurrencies | | | 0.01 | | Open account |
 | $5 | | | 1.2 | $6.40 | 5 | ME | 1:1000 | MT4, Web | 2010 | - | | | FOREX, Cryptocurrencies, Metals, Indices, Commodities, Shares | | | 0.01 | | Open account |
 | $10 | | | 1.2 | $3.20 | 5 | IE/ME | 1:1000 | MT4 | 1996 | FSA | | | Forex, Metals, Energies | | | 0.01 | | Open account |
 | $500 | | | 1.9 | $5.60 | 5 | ME | 1:500 | MT4, Web | 2010 | CySEC, MFSC | | | FOREX, Metals, Futures, Indices, Commodities | | | 0.01 | | Open account |
 | $200 | | | 1.3 | $1.60 | 5 | ME | 1:500 | MT4, MT5 | 2009 | ASIC | | | FOREX, Cryptocurrencies, Metals, Indices, Commodities | | | 0.01 | | Open account |
 | $15,000 | | | 1.5 | $4.00 | 5 | ME | 1:400 | MT4 | 2006 | ASIC | | | FOREX, Metals, Oil, Indices | | | 0.01 | | Open account |
 | $1,000 | | | 1.8 | $4.00 | 5 | ME | 1:200 | MT4, MT5, Java, Integral, Web | 2000 | FINMA | | | FOREX, Metals, Energies, Indices | | | 0.01 | | Open account |
 | $1 | | | 2 | $1.32 | 5 | ME | 1:1000 | MT4, MT5, cTrader | 1998 | BVI FSC | | | FOREX, Metals | | | 0.01 | | Open account |
 | $100 | | | 1.2 | $4.00 | 5 | ME | 1:500 | MT4, MT5 | 2005 | ASIC, CySEC | | | FOREX, Cryptocurrencies, Metals, Oil, Indices, Equities, Commodities | | | 0.01 | | Open account |
 | $10 | | | 2.4 | $4.00 | 5 | IE/ME | 1:1000 | MT4, MT5 | 2012 | FSC, CySEC | | | FOREX, Cryptocurrencies, Metals, Shares, Futures, Indices, Commodities, ETF | | | 0.01 | | Open account |
 | $200 | | | 1.1 | $4.00 | 5 | ME | 1:500 | MT4, MT5, cTrader | 2007 | Seychelles FSA, ASIC | | | FOREX, Cryptocurrencies, Metals, Oil, Indices | | | 0.01 | | Open account |
 | $300 | | | 1.4 | $4.00 | 5 | ME | 1:500 | MT4 | 2013 | FSA | | | FOREX, Metals, Energies, Indices | | | 0.01 | | Open account |
 | $100 | | | 1.2 | $4.00 | 5 | ME | 1:1000 | MT4, Web | 2013 | - | | | FOREX, Metals, Energies, Shares, Indices | | | 0.01 | | Open account |
 | $1 | | | 1.4 | $4.00 | 5 | ME | 1:500 | MT4, Trade Interceptor, Web | 2010 | ASIC, FCA | | | FOREX, Metals, Oil, Indices | | | 0.01 | | Open account |
 | $100 | | | 1.3 | $3.64 | 5 | ME | 1:30 | AvaTradeGO, MT4, MT5 | 2006 | CBI, ASIC, FSA, FSB | | | FOREX, Cryptocurrencies, Metals, Energies, Indicies, Shares, Bonds, ETFs, Bitcoin | | | 0.01 | | Open account |
 | $300 | | | 0.3 | $3.20 | 5 | ME | 1:500 | MT4, ZTP | 2019 | - | | | FOREX, Cryptocurrencies, Metals, Oil, Indices | | | 0.01 | | Open account |
 | $1 | | | 1.1 | $3.20 | 5 | ME | 1:500 | MT4 | 2007 | ASIC, FCA, DFSA | | | FOREX, Cryptocurrencies, Metals, Oil, Indices | | | 0.01 | | Open account |
 | $100 | | | 1.2 | $3.20 | 5 | ME | 1:500 | MT4, Web | 2016 | ASIC | | | FOREX, Metals, Oil, Indices | | | 0.01 | | Open account |
 | $200 | | | 1.2 | $3.20 | 5 | ME | 1:500 | MT4, MT5, Web | 2006 | ASIC | | | FOREX, Metals, Indices, Commodities, Cryptocurrencies | | | 0.01 | | Open account |
 | $200 | | | 1.2 | $3.20 | 5 | ME | 1:500 | MT4, MT5, Web, cTrader | 2010 | ASIC, FCA | | | FOREX, Cryptocurrencies, Metals | | | 0.01 | | Open account |
 | $1 | | | 0.9 | $3.00 | 5 | IE/ME | 1:500 | MT4 | 2005 | FC | | | FOREX, Metals, Indices, Energies | | | 0.01 | | Open account |
 | $100 | | | 0.6 | $1.68 | 5 | ME | 1:500 | MT4, MT5 | 2001 | ASIC, FCA | | | FOREX, Cryptocurrencies, Metals, Energies, Shares, Indices, Bonds | | | 0.01 | | Open account |
 | $250 | | | 0.8 | $1.28 | 5 | ME | 1:400 | MT4, MT5, ActivTrader | 2001 | FCA | | | FOREX, Metals, Indices, Commodities, Shares | | | 0.01 | | Open account |
 | $100 | | | 0.3 | $0.00 | 5 | ME | 1:30 | MT4, JFOREX 3 | 1998 | FINMA | | | FOREX, Metals, Indices, Shares, Bonds, Energies, ETF, Cryptocurrencies | | | 0.01 | | Open account |
 | $1 | | | 2.0 | $0.00 | 5 | ME | 1:50 | OANDA fxTrade, OANDA fxTrade on MetaTrader 4, fxTrade Mobile , fxTrade API | 1996 | CFTC, NFA, FSA, IIROC, MAS | | | FOREX, Metals, Gold | | | 0.00001 | | Open account |
 | $100 | | | 3 | $0.00 | 5 | IE | 1:200 | MarketTrader 4/5, WebTrader, Mobile Trader, AutoTrader | 2009 | CySEC, FSCL | | | FOREX, Stocks | | | 0.01 | | Open account |
 | $1 | | | 1.5 | $0.00 | 5 | ME | 1:200 | Web platform, mobile and tablet apps | 1989 | Financial Conduct Authority (FCA) | | | Forex, Stocks, Bonds, Commodities, ETFs | | | 0.01 | | Open account |
 | $100 | | | 1.5 | $0.00 | 5 | IE/ME | 1:200 | MT4, MT5 | 1977 | CySEC, FCA, MiFID, DFSA, SFC | | FOREX, Oil/Gas, Commodities, Stocks, Indexes, Bitcoin, Ethereum, Litecoin | | | 0.02 | | Open account | |
 | $10 | | | 1 | $0.00 | 5 | IE | 1:500 | MetaTrader 4, MetaTrader 5, Web-trader, Grand Trade mobile app | 2006 | Financial Commission, Serenity | | | FOREX, CFD on shares, metals, indices, Bitcoin, cryptocurrencies | | | 0.1 | | Open account |
 | $10 | | | 0.5 | $0.00 | 4 | IE | 1:500 | Metatrader 4 | 2010 | MFEM (Vanuatu) | | | Metals, CFDs, 64 currency pairs, over 140 financial instruments available | | | 0.01 | | Open account |
 | $5 | | | 0.5 | $0.00 | 5 | IE | 1:1000 | MetaTrader 4, MetaTrader 5 | 1998 | FSC Mauritius | | | Gold, Silver, Bitcoin | | | 0.01 | | Open account |
 | $1 | | | 2 | $0.00 | 4 | IE | 1:3000 | MetaTrader4 desktop/mobile, WebTrader | 2011 | IFSA | | FOREX | | | 0.01 | | Open account | |
 | $100 | | | 3.5 | $0.00 | 4 | IE | 1:400 | Meta Trader 4 | 1996 | CySEC | | FOREX | | | 0.01 | | Open account | |
 | $1 | | | 3 | $0.00 | 4 | IE | 1:700 | Meta Trader 4 | 1995 | NFA, CFTC, ASIC, FSA(UK), MAS | | FOREX | | | 0.01 | | Open account | |
 | $100 | | | 3.5 | $0.00 | 5 | IE | 1:1000 | MT4, Webtrader, PMAM, Multiterminal | 2010 | FCA, ASIC, FSCA, CySEC | | Forex, Spot Metals, CFDs on commodities, indices and shares, futures, cryptocurrencies | | | 0.01 | | Open account | |
 | $500 | | | 4 | $0.00 | 5 | IE | 1:200 | MetaTrader4 | 2007 | CySEC | | FOREX | | | 0.01 | | Open account | |
 | $500 | | | 2.5 | $0.00 | 5 | IE | 1:400 | MetaTrader 4 , Gwazy, AMO | 1988 | CySec, FCA, ACPR, BaFin, MiFID | | FOREX, Spot Precious Metals, CFD Indices, CFD Bonds, CFD Commodities | | | 0.01 | | Open account |
